Lincoln Republican
Winfield
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Posts: 14,348
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« Reply #2 on: July 04, 2012, 08:51:25 PM » |
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On principle, I can support the budget as is, with the exception of half the surplus going to the new capital development.
I am not the least bit convinced any good reason we require a new capital. This seems to be an absolute priority for some reason.
Somebody please state in clear terms why we need this new capital. The Assembly and the citizens of the Northeast deserve clear answers, since this entire Assembly, with the exception of myself, seems to be determined to push this through.
What feasibility studies have been done? What about cost overruns? Anyone familiar with large scale construction projects knows very well that inevitably cost overruns are going to happen. How will the taxpayers of the Northeast be protected against cost overruns?
What if the economy goes south, again, and we do not have this surplus which is projected. With the passage of this budget, we would be bound by law to devote half of the surplus to new capital development. What if there is a natural disaster devastating some parts of the Northeast. We would have an emergency fund sitting there, half of which is earmarked for the new capital.
So at this time, I am voting Aye on the amendment, as a matter of principle.
However, I believe the compromise as outlined by the Governor is the right path to follow, inserting my amendment into the budget bill. Appropriations for the new capital should be in the New Capital Act.
Governor and members of the Assembly, the purpose behind my amendment is for reasons as discussed above in my statement here. We need more clarity, the people of the Northeast require more clarity before we rush headlong into constructing a costly new capital, which I believe is unnecessary, in particular given the difficult economic times we find ourselves living in at this time.
But rather I disagree with the construction or not, the fact remains the people of the Northeast need compelling and valid reasons that this costly project should go ahead.
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